Okta could have a strong growth runway in its future, if the company’s latest quarterly report is any indication, according to D.A. Davidson. The firm upgraded the identity and access management stock to buy from hold on Monday. It also raised its price target to $125 per share from $90, signaling more than 43% upside. The upgrade came after Okta reported better-than-expected fourth-quarter results, which sent the stock higher by 15% in the premarket. The company also hiked its full-year outlook. OKTA 5D mountain OKTA rallies “Double-digit growth now seems durable,” analyst Rudy Kessinger wrote. “[Management] repeatedly characterized the qtr. as…
Author: usaeverydaylife
Shoppers will likely see produce prices increase in the coming days due to President Donald Trump’s tariffs on Mexican imports, Target CEO Brian Cornell said Tuesday. The Trump administration’s 25% levies on goods from Mexico and Canada, along with an additional 10% duty on Chinese imports, took effect on Tuesday. Cornell said Target relies heavily on Mexican produce during the winter months, and the tariffs could force the company to raise prices on fruits and vegetables as soon as this week. “Those are categories where we’ll try to protect pricing, but the consumer will likely see price increases over the…
A Waymo car drives along a street on March 01, 2023 in San Francisco, California. Waymo, Alphabet’s self-driving car division, announced that it has laid off over 135 employees in a second round of layoffs this year.Justin Sullivan | Getty ImagesWaymo on Tuesday began offering robotaxi rides in Austin, Texas, through the Uber app.The launch sets up Waymo to showcase its driverless technology during Austin’s annual South by Southwest festival that kicks off Friday. Approximately 300,000 people descend on the Texas capital to attend SXSW on average each year, according to the Austin Convention & Visitors Bureau.”We can’t wait for…
When President Trump threatened tariffs on Canada, Mexico and China in January, saying those countries needed to do more to stop the flow of drugs and migrants into the United States, Canadian and Mexican officials raced to Washington, bearing charts and videos detailing their efforts to toughen their borders.Canada created a “fentanyl czar” and committed fresh resources to combating organized crime, while Mexico dispatched troops to the border and delivered cartel operatives into U.S. custody. As a result, Mr. Trump paused tariffs on America’s North American neighbors for 30 days.China never made these kinds of overtures and, in Mr. Trump’s…
Shares of Scotts Miracle-Gro could be due for a strong rebound, according to Stifel. The firm upgraded the lawn and garden product stock to buy from hold, but lowered its price target to $78 per share from $70 in a Monday note. Stifel’s forecast still implies more than 25% upside from Monday’s close. Shares have pulled back more than 15% in 2025. However, analyst W. Andrew Carter thinks investors may have underestimated the company’s resiliency against macroeconomic pressures. SMG YTD mountain Scotts Miracle-Gro stock. “We believe the recent underperformance disproportionately overweight’s universal macroeconomic concerns despite SMG boasting key points of…
David Sacks, U.S. President Donald Trump’s “AI and Crypto Czar”, speaks to President Trump as he signs a series of executive orders in the Oval Office of the White House on Jan. 23, 2025 in Washington, DC.Anna Moneymaker | Getty ImagesThe Trump-tech alliance is showing its first real sign of distress. And it’s because of crypto.President Donald Trump counted on crypto execs and investors for a hefty portion of his 2024 campaign funds. He promised to reward them handsomely if elected by slashing regulations and by turning the U.S. into “the crypto capital of the planet and the bitcoin superpower…
The Nothing Phone (3a).NothingBARCELONA — British smartphone startup Nothing on Tuesday debuted a new handset it hopes can shake the mobile industry out of a perceived innovation slowdown.Nothing launched its new Phone (3a) device, a budget phone that comes with an unusual design featuring multiple different shapes and so-called “Glyph” lights on the back that light up to preset ringtones and notification sound effects.The Phone (3a) will retail at a starting price of £329 — or about $414 — while Phone (3a) Pro, a souped-up version of the device with better camera features, will start at £449. The Nothing brand…
U.S. President Donald Trump meets Ukrainian President Volodymyr Zelenskyy at the White House on Feb. 28, 2025.Brian Snyder | ReutersU.S. military aid for Ukraine has been halted following the spectacular falling-out between President Donald Trump and Ukraine’s leader Volodymyr Zelenskyy, leaving the country in an extremely precarious situation, defense strategists say.An anonymous White House official and U.S. official told CNBC’s partner network NBC News on Monday that military support had been halted while an assessment of the situation is carried out.”The president has been clear that he is focused on peace. We need our partners to be committed to that…
President of the European Commission Ursula von der Leyen arrives to give a press conference on the “Defence package” at the EU Commission headquarters in Brussels on March 4, 2025. (Photo by Nicolas TUCAT / AFP) (Photo by NICOLAS TUCAT/AFP via Getty Images)Nicolas Tucat | Afp | Getty ImagesNew plans from the European Union to increase defense spending could potentially mobilize as much as 800 billion euros ($841 billion), European Commission President Ursula von der Leyen said Tuesday.”Europe is ready to massively boost its defense spending. Both, to respond to the short-term urgency to act and to support Ukraine but…
The ideal worker at the Chinese chemical manufacturer, according to the internal memo, is hardworking, virtuous and loyal. And — perhaps most important — willing to have children for the good of the country.That was the message that the company, Shandong Shuntian Chemical Group, sent to unmarried employees recently, in a notice that spread widely on social media. It instructed them to start families by Sept. 30, or else.“If you cannot get married and start a family within three quarters, the company will terminate your labor contract,” the memo said.Shandong Shuntian was not the first company to try to dictate…
